I've been selling off our small share holdings just as they become profitable, even though it is a small percentage. This is consistent with my objective of simplifying our equity holdings. However, lately, if I had held some of this small positions a bit longer, I would have had more gains. For example, I sold SandDisk for 58.51 for a very small gain in September 2025, after it was spun off from Western Digital in March 2025 and carried a loss. Today, SandDisk is about $2000, benefitting from memory shortage due to AI needs.
Of course, even if I had held it, I would have sold long ago, probably less than $100 since I have had previous stock pop over 100% only to pull back and go below my purchase price. However, now I have a few more stocks that are approaching breakeven after being down many years including: KOPN, DFTX, OUST, CLOV, PSNL, and NWL. While my strategy is to sell immediately when profitable, I'm temporarily going to be more greedy and hold for bigger profits.
Being greedy can backfire and lose the small gains that I have, but it seems the market is irrational enough that I can stay greedy at least until October 2026, just before the midterm elections.
This is not financial advice. Please consult a professional advisor.
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